Thursday, February 5, 2009

UNITEC: A COMPLETE ANALYSIS OF UNITEC SHARE



Dear investors,
If you want to invest in unitec share please read this article carefully before investing
: -

HISTORY WEBSITE TELEPHONE NO. AND SUBCIDIARY OF COMPANEY: -
· Unitec is establish at 09-02-1971 as United Technical Consultants Pvt. Ltd. and it is a construction and contracting-civil bEssions company
· The name was changed to Unitec Ltd., on 17th October1985. The Company undertakes projects both in India and abroad.
· A Joint venture Company in the name of Benetone Unitec Co. Ltd. was incorporated in Thailand to undertake development and construction projects.
· The Company was awarded a job for the construction of transmission station in collaboration with a Yugoslavian Company.
· Unitec Metals Ltd., Unitec Exports Ltd., Supernal Corrugation (India) Ltd., Ruhi Construction Co. Ltd., New India Construction Co. Ltd., Unitec Industries Ltd., Unitec Builders Ltd., The Hyundai Unitec Electrical Transmission Ltd, and Unitec Investments are wholly owned subsidiaries of the Company.
· The Company signed a MOU with Singapore Consortium and Haryana Urban Development Authority for setting up a Technology Park in Gurgaon. The company was also negotiating for further tie-up with International Companies to enable it to bid for large Highway construction projects.
· If you want to visit company website please visit http://www.unitechgroup.com
· The address of company Registered Office is 6, Community Center, Saket New Delhi - 110017
· Telephone no of company is (std code011) 26857330 / 26857331 / 26965169
· We think so many subsidiaries is a question mark on company corporate governance because a huge revenue transitions between the subsidiary is possible so it is difficult to a general investor to find transparence in such type of revenue transitions.
CAPITAL STRACTURE OF COMPANEY:

· In year 1985 company has only 2 lac share that is increase in year 2007 and total number of share is now 1.62 Arab (billion) increasing of share is not good for investors because there profit is dilute for example if you are 2 member in home and your income is 5000 then you spend on per member 2500 but if member of family is increase and now they go to 10 member then only 500 is spend on per member
EARNING PER SHARE PROFIT LOAN ETC.:-
· In march 2008 EPS of company is 6.35 it means in year 2007-08 one share of company is earn 6.35 rupees and in quarter 12/2008 earning per share (EPS) is only 0.12 rupees means in quarter oct to dec company one share earn only 12 paise.
· If in view of this poor earnings if we think annualize EPS maximum rs1 rupees and if we give company a standard P/E is 10 so fair value of a share of company is rs. 10 only. (Please remember the face value of unitec share is rs. 2 only) so current market value is unitec 28 is very high in view of his earnings.
· Book value of company share is 13.21 rupees only which justify our estimate rs.15 to 20 are fair value of unitec share.
PRICE DATA OF UNITEC SHARE SINCE 1990: -
· In 1990 unitec make a year high of 42.50 and low is 24 but this price is not comparable with current unitec price because this price is before bonus and spilt adjustment so if we adjust the bonus and spilt the price of current unitec 2 rupees face value share in 1990 is high 0.35 rupees and low is 0.20 rupees
· 1991 after adjustment year high 0.42 and low 0.21
· 1992 after adjustment year high 0.75 and low 0.30
· 1993 after adjustment year high 0.50 and low 0.29
· 1994 after adjustment year high 1.23 and low 0.46
· 1995 after adjustment year high 1.20 and low 0.91
· 1996 after adjustment year high 1.00 and low 0.36
· 1997 after adjustment year high 0.75 and low 0.39
· 1998 after adjustment year high 0.56 and low 0.34
· 1999 after adjustment year high 0.53 and low 0.30
· 2000 after adjustment year high 0.50 and low 0.27
· 2001 after adjustment year high 0.39 and low 0.24
· 2002 after adjustment year high 0.49 and low 0.30
· 2003 after adjustment year high 1.04 and low 0.32
· 2004 after adjustment year high 2.85 and low 0.56
· 2005 after adjustment year high 8.41 and low 2.20
· 2006 after adjustment year high 123.32 and low 1.30
· 2007 year high 623.60 and low 239.00
· 2008 year high 546.80 and low 21.80
PROMOTAR HOLDING: - promoters holding is more then 60 percent is a good factor because if in a company promoters hold more then 50 percent is a good sign for company.
OUR ADVICE (FOR EDUCATIONAL PURPOSE READ DISCLAIMER); -
we advice our reader that they cannot invest in this company. If they already invested and make profit then book profit and if they making loss then sell 50 percent of their holding and invest in other sector or company. If price really go down below 10 then again buy his 50 percent holding and wait 2 to 3 year or next bull cycle then book all holding and say good bye to this share.

THIS BLOG POST IS UPDATED ON 22-04-2009 READ UPDATED STORY ON UNITEC ON THIS LINK
http://sharegenius.blogspot.com/2009/04/unitec-share-what-to-do-now.html


Disclaimer
(Trading in stock market is very risky. Please analyze yourself what is your risk profile. This blog is not perfect. This is not an advisory service to buy or sell. The contents of “this blog” are only for educational purposes. No liability is accepted for any content in “share genius blog”.)
If you have any share related quarry kindly mail your question to mckaushik00@yahoo.co.in .(read as mckaushik zero zero)
your reply will be published within three to seven day in this blog.if you want your reply in HINDI or PRICE DATA kindly mention your language option or date from PRICE DATA required.

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